Donor-Advised Funds: Contributions, Tax Information and Grantmaking

Learn more about donor-advised funds and how your fund account can support Villanova. Read the Donor-Advised Fund Overview.

Contributions

The minimum suggested initial contribution is $25,000. Donors who wish to make a contribution to an existing donor-advised fund should complete and submit the Donor-Advised Fund Contribution Agreement.

Donors who wish to make a contribution to an existing donor-advised fund should complete and submit the Donor-Advised Fund Contribution Agreement. The minimum additional contribution is $5,000.

Through a Villanova-affiliated SSGA Donor-Advised Fund with National Philanthropic Trust, you can contribute the widest range of assets compared to other donor-advised funds. These include:

  • Cash
  • Publicly traded securities, including stocks, bonds and mutual fund shares
  • Restricted and controlled stock
  • Privately held stock
  • Real estate
  • Proceeds from life insurance or from a fully paid policy
  • Private foundation grants or terminations
  • Named beneficiary of charitable remainder trust
  • Named beneficiary of an IRA, 401(k) or other retirement account
  • Tangible personal property

Tax Information

Villanova recommends that individuals considering a donor-advised fund should consult their own tax advisor or attorney before making a charitable contribution. The information is not intended as legal or tax advice.

You will receive IRS Form 8283 from National Philanthropic Trust to file with your tax statement at the end of the year.

Yes. Here are some general guidelines:

Check/wire: Your charitable deduction is the amount of your cash contribution.

Publicly traded securities: If you have owned your donated securities for more than one year, your charitable deduction is the fair market value of those securities, determined by an average of high and low on the date you contribute them.

Securities that are not publicly traded: If you have owned your donated securities for more than one year, your charitable deduction is the fair market value of those securities, determined by you in a reasonable manner on the date you contribute them. The IRS may require you to obtain a qualified independent appraisal.

Real Estate: For contributions of real estate, your charitable deduction is the fair market value of that real estate, determined by a reasonable manner on the date you contribute it. The IRS may require you to obtain a qualified independent appraisal.

You pay no capital gains tax on securities you contribute to your donor-advised fund account.

Deductions for contributions of long-term capital gain property—such as appreciated securities held for more than one year—are limited to 30% of adjusted gross income (AGI). Deductions for all other contributions—including contributions of cash—may be taken up to 50% of AGI. Your ability to take itemized deductions may be subject to certain other limitations. Please contact your tax advisor to evaluate your tax deductibility limits.

No. Only contributions to the donor-advised fund are tax deductible. Growth inside your donor-advised fund account is not eligible for an additional deduction.

Grantmaking

The minimum grant amount is $250.

There is no limit to the number of grants you can recommend in a year.

You will be able to designate Villanova to receive 25% of each contribution made to your donor-advised fund. You can specifically direct those funds to be used for a purpose at the University that you are most passionate about. Villanova will also receive the balance of your donor-advised fund account following the resignation, death or inability to advise of the last remaining Primary or Joint Advisor.

Yes. Villanova’s Office of Gift and Estate Planning is available to assist all donor-advised fund account holders. You can contact our team at plannedgiving@villanova.edu or 800-486-5244. 

No. When you make your initial contribution to a donor-advised fund, your contribution is 100% tax deductible. That is because you do not receive any goods or services in exchange for that contribution. Charitable events and galas provide their attendees with benefits that aren't tax deductible—such as food, drinks and/or door prizes. Therefore, grants recommended for these purposes cannot be approved.

No. When you make your initial contribution to a donor-advised fund, your contribution is 100% tax deductible. That is because you do not receive any goods or services in exchange for that contribution. Tickets for athletic events and seating provide their attendees with benefits that aren't tax deductible. Therefore, grants recommended for these purposes cannot be approved.

Grants are processed weekly.

No. There is not a per-grant fee. Fees are charged for grants to international and non-501(c)(3) organizations.

Matching Gifts

Many employers sponsor matching gift programs and will match any charitable contributions made by their employees.

If your company is eligible, request a matching gift form from your employer, and send it completed and signed with your gift. We will do the rest. The impact of your gift to our school may be doubled or possibly tripled! Some companies match gifts made by retirees and/or spouses.